700 Harbor Drive

700 Harbor Drive #TH5

D

San Diego, CA 92101

$1,429,000
NEW — 0d on market

Beds

3

Baths

3.5

Sqft

1,772

Year Built

2004

Days on Market

0

Property Type

Townhouse

HOA/mo

$2,036

MLS ID

260008106SD

Description

This renovated and modern townhouse offers 3BRs/3.5BAs and 6 different outdoor spaces, totaling approximately 850 sqft of outdoor living space (not included in the 1,772 sqft of indoor living space). Park Place Townhouse #5 offers three levels of living with 3 separate entrances, making it ideal for family and friends who want privacy. This townhome is perfect for people who want all the convenience and amenities of downtown highrise living, but prefer a little more space and privacy. There is a rooftop deck with irrigation and overlooks the pool area, two additional large patios and three balconies located off the bedrooms and kitchen. Upgrades include new flooring throughout, all new countertops and faucets, a new HVAC unit, motorized shades, a renovated kitchen and so much more. Park Place is a luxury community in the prestigious Marina District of Downtown San Diego. Residents can enjoy resort-style living with concierge, 24 hr security, pool/spa, gym, lounge, board room and guest parking. Park Place is right next to the waterfront, restaurants, shopping and the new Research and Development District (RaDD) which is home to brand new Class A life science space and retail amenities such as Javiers and an Equinox gym.

Mortgage Calculator

Est. Monthly Payment

$11,108

Principal & Interest$7,226
Property Tax$1,429
Insurance$417
HOA$2,036
%($285,800)
%

Investment Score

0D
Est. Monthly Rent
$4,658
Monthly Cashflow

Rent − PITIA

$-6,450
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,712

Mortgage (P+I)
$7,226
Cap Rate
-1.25%
Cash-on-Cash
-36.58%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.42
Break-even Rent
$15,972

NOI (Annual)
$-17,834
Price-to-Rent

Lower = better for investors

25.6

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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